Consistent Criteria are Needed to Assess Small-Business Innovation Initiatives.
GENERAL ACCOUNTING OFFICE WASHINGTON DC PROGRAM ANALYSIS DIV
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This report explains the activities of small business as innovators and presents models that show the influence of economy wide, industry-specific, and individual-firm factors on the environment within which small businesses innovate. The conditions that support small businesses as innovators are spelled out, as are the conditions amenable to Federal policy manipulation. To assist the Congress with its continuing concern about a perceived decline in U.S. industrial innovation, GAO suggests criteria for judging the efficacy of Federal initiatives to support small-business innovation. GAO demonstrates the usefulness of these criteria by examining the design of existing Federal programs. GAO recommends that in its deliberations on initiatives currently under consideration and on future initiatives, the Congress use the criteria presented in this report to assess the degree to which the initiatives satisfy the conditions that foster innovation by small businesses.
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